Monday broker round-up UPDATE
18th Nov 2013 08:10
AGA Rangemaster: N+1 Singer raises its target price from 150p to 175p and keeps a buy recommendation. APR Energy: Jefferies cuts target price from 1300p to 1260p retaining a buy recommendation. Atkins (WS): LIberum Capital increases target price from 1300p to 1400p maintaining a buy recommendation
Read moreLondon close: Markets gain on QE speculation, Vedanta drops
15th Nov 2013 17:02
- Stocks extend gains on US stimulus hopes - US industrial production, NY manufacturing data misses forecasts - Vedanta drops sharply after interim report techMARK 2,649.29 0.00% FTSE 100 6,693.44 +0.41% FTSE 250 15,246.58 -0.07% Markets ended Friday's session with decent gains as investors contin
Read moreFTSE 100 movers: Vedanta shares hit by revenue decline
15th Nov 2013 14:27
Mining group Vedanta Resources dropped sharply lower as investors reacted to a 17 per cent drop in first-half revenue to 6.2bn dollars on the back of falling commodity prices. Shares in Centrica extended yesterday's declines which came after it warned market conditions remained challenging, partic
Read moreIAG lifts 2015 guidance on BA strength, Iberia recovery
15th Nov 2013 11:38
International Consolidated Airlines Group, otherwise known as IAG, lifted its profit guidance for 2015, helped by improving margins at British Airways and the ongoing recovery of Spanish airline Iberia. The firm is now targeting a €1.8bn operating profit in 2015, up 12.5% from its previous €1.6bn f
Read moreLondon midday: Markets extend gains on US stimulus hopes
15th Nov 2013 11:38
- Stimulus hopes continue to drive markets after Yellen comments - Eurozone CPI inflation in line with initial estimate - IAG raises profit forecast for 2015 techMARK 2,653.33 +0.15% FTSE 100 6,692.14 +0.39% FTSE 250 15,283.74 +0.17% UK stocks were registering decent gains on Friday morning follow
Read moreFriday broker round-up UPDATE
15th Nov 2013 07:38
Amlin: Berenberg raises target price from 398p to 434p, but still recommends selling. Barclays cuts target price from 481p to 453p and retains an overweight rating. Antofagasta: Numis raises target price from 750p to 850p and reiterates a hold recommendation. AstraZeneca: Liberum Capital upgrades
Read moreWednesday broker round-up
13th Nov 2013 12:33
AMEC: Credit Suisse downgrades from outperform to neutral with a target price of 1250p. Antofagasta: Alphavalue lowers target price from 1000.6p to 999.5p, while upgrading from add to buy. Associated British Foods: Credit Suisse raises target price from 1850p to 2250p and keeps a neutral rating.
Read moreWednesday newspaper round-up: World trade Center, RBS, IAG
13th Nov 2013 07:02
The first new skyscraper at New York's World Trade Center is set to open on Wednesday with a high level of vacancies more than 12 years after the September 11th terrorist attacks. The 72-storey Four World Trade Center, built by private developer Larry Silverstein and designed by Japanese architect F
Read moreMonday broker round-up UPDATE
11th Nov 2013 08:50
Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin
Read moreLondon close: FTSE ends on high note after payrolls beat expectations
8th Nov 2013 16:37
- FTSE ends day 11 points higher - US payrolls come in above expectations - IAG leads gains techMARK 2,640.30 -0.10% FTSE 100 6,708.42 +0.17% FTSE 250 15,342.03 -0.31% After spending much of the day in the red, the FTSE 100 ultimately ended the final session of the week on a much more positive not
Read moreSector movers: IAG and Rolls-Royce lead aerospace sector higher
8th Nov 2013 15:40
The aerospace and defence sector was the top performer on Friday with International Consolidation Airlines Group leading the way after the company's third quarter profits beat forecasts. Rolls-Royce, which supplies engines to the aerospace market, also boosted the industry after saying it expects
Read moreFTSE 100 movers: IAG leaps on strong Q3 results
8th Nov 2013 14:51
International Consolidated Airlines Group (IAG) charged higher after it delivered a "strong" set of third quarter results which showed British Airways' performance had taken off aided by the bounce back from the Olympics effect last year. The airlines group reported three month pre-tax profit had so
Read moreLondon midday: Investors cautious ahead of US jobs report
8th Nov 2013 11:34
- FTSE down 32 points - Investors await jobs report - Surprise fall in UK construction output techMARK 2,625.04 -0.68% FTSE 100 6,664.27 -0.49% FTSE 250 15,302.27 -0.57% The FTSE continued to sit firmly in the red by lunchtime as investors await today's all-important jobs report, which will be a
Read moreLondon open: FTSE sinks ahead of US jobs report
8th Nov 2013 08:47
- FTSE moves 30 points lower ahead of US data - France rating downgraded by S&P - Ofwat blocks Thames Water price hike plans techMARK 2,627.93 -0.57% FTSE 100 6,665.29 -0.48% FTSE 250 15,288.05 -0.66% As predicted, the FTSE 100 opened notably lower than yesterday's close of 6,697.22, tracking some
Read moreLondon pre-open: Sharp drop expected as US stocks fall overnight
8th Nov 2013 07:26
City sources predict the FTSE 100 will open around 42 points lower than yesterday's close of 6,697.22, tracking some sharp falls on US markets overnight as economic data prompted concerns about a scaling back of monetary stimulus. The Dow Jones Industrial Average pulled back by 1% after hitting a
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